Ryanair CEO says summer fares will be up 7-9% on 2019 levels By Reuters

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© Reuters. A Ryanair aircraft approaches to land at Josep Tarradellas Barcelona-El Prat Airport, Spain, June 9, 2022. REUTERS/Nacho Doce

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BRUSSELS (Reuters) – Ryanair Group Chief Executive Michael O’Leary said bookings for Europe’s biggest budget airline have continued to strengthen and he expects summer fares to be between 7% and 9% higher than pre-pandemic levels.

O’Leary told Reuters that “we’ve seen very strong bookings through May. We had 92% load factor in May. We think that would rise to about 94% in June. And July, August, and September look very strong with higher load factors and also higher fares”.

“Fares will be up probably high single digits 7,8, 9 percent over summer 2019,” he said.

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